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05.16.2024 EDC MinutesTown of Trophy Club Economic Development Corporation Meeting Minutes May 16, 2024, 6:30 p.m., Regular Meeting 1 Trophy Wood Drive, Trophy Club, Texas 76262 CALL TO ORDER President Mann called the meeting to order at 6:30 p.m. EDC BOARD MEMBERS PRESENT John Mann, President Teri Addington, Vice President John Rybeck, Secretary Joseph Longo Andrew Borgan EDC DIRECTORS ABSENT James Calaway Scott Hinshaw STAFF PRESENT Brandon Wright, Town Manager Tammy Dixon, Town Secretary Elizabeth Yelverton, Associate Attorney, Town Attorney's Office April Duvall, Director of Finance Matt Cox, Director of Community Development PUBLIC COMMENTS There were none. REGULAR ITEMS 1. Consider approval of the April 18, 2024, Economic Development Corporation Regular Meeting Minutes. Vice President Addington moved to approve the April 18, 2024, meeting minutes. Director Longo seconded the motion. VOTE ON THE MOTION AYES: Mann, Addington, Rybec k, Longo, Borga n NAYES: None ABSENT: Hinshaw, Calaway VOTE: 5-0-2 EDC Meeting Minutes — May 16, 2024 Page 2 2. Consider approval of a professional consulting services agreement between een the Town of Trophy Club Economic Development Corporation and The John R. MacAdam s Company, Inc. D BA McAdams for a Small Area Plan in a not -to -exceed amount of 89 4 $ 37, and authorization for the Town Manager to execute same on behalf of the Corporation. Town Manager Wright provided the following update: A request for proposals was issued on March 25, 2024, for a comprehensive small p I area plan targeting properties near State Highway 114 Frontage Road and Trophy Wood Drive with the following objectives: p Y th • Enhance economic resilience • Foster service -based employment • Improve quality of life • Promote susta i na bi l ity • Enhance pedestrian safety and wa l ka bi l ity • Facilitate future development • Address parking needs Mr. Wright explained that the submission period closed on April 18 2024 and that at three EDC Board members along with four staff members reviewed the and conducted proposals cted interviews. They recommended selecting McAdams due to their skillset ex erience wi h p t similar projects, and understanding the pla n's goals. He stated that if the Board approved the ag reement, greement, it would then go to the Town Council for final approval. Mr. Wright introduced the McAdams team: Jameson Pinson, McAdams e Pro' � ct Manager, Randin Rivera, McAdams Planning Lead; and Jason Claunch of Catalyst. Each y team member introduced themselves, gave a presentation highlightingtheir experience p and successful small area plans they have been involved in, discussed their approach to the proposed pp p p ed project, and answered questions from the Board. Vice President Addington moved to approve a professional consultingservices agreement g Bement between the Town of Trophy Club Economic Development Corporation p p and The John R. MacAdams Company, Inc. DBA McAdams for a Small Area Plan in a not -to -exc eed amount of $89,437; and authorize the Town Manager to execute same on behalf of the Corporation. President Mann seconded the motion. VOTE ON THE MOTION AYES: Mann, Addington, Rybeck, Longo, Borga n NAYES: None ABSENT: Hinshaw, Calaway VOTE: 5-0-2 EDC Meeting Minutes — May 16, 2024 Page 3 ADOURN President Mann adjourned the meeting at 7:16 p.m. 1Pkn-KA-m fii1, f fe5'I'dPTTN Joh Rybeck, Se etary